Good to know the money is being put to good use: http://www.bizjournals.com/denver/bl...-colorado.html
Good to know the money is being put to good use: http://www.bizjournals.com/denver/bl...-colorado.html
Welcome to why we have kept the same cars & trucks for about 4 years now. The price to license a new or newer vehicle is absurd. Way to kill the auto industry Colorado! That will help everyone!!
My 98 Dodge Diesel was the same way. $160 + $50 + $60 a month to insure...... the last two years I had it I put about 300 miles on the thing. Once I sold the camper It was not used much. It was was just about time for new tires and lines. I at least made money on it from the time I bought it. I paid $10k the kid that hit it paid $6k and I sold it for $5k.[Flower]
The first time we paid to register a car in Colo. my wife cried. It was the shock, really. You'd think that for that kind of money, you wouldn't have to risk blown tires and bent rims every time you drove. Sooo, we know it's not going to the roads...where is it going?
I'm kidding, we all know where it's going.
Kudos to Chris Holbert (COAR15 member SENHOLBERT) for being a part of the Legislative Audit Committee that's exposing this.
+1
This is blatantly ripping off the citizens of this state and putting a BIG damper on certain industries that our economy relies on. As I stated previously, my wife and I would go through cars/trucks every 6 months to a year and this wasn't uncommon at all among people we know. As needs change or as simply wanting something different happened we would trade in or sell and buy another vehicle. The penalty for this wasn't huge from a registration stand-point so it was all about the deal we got as to how much money we lost or made. I recall paying for new registration on my 2007 Audi A4 after the law changes about 4-5yrs ago and paying nearly $800 in registration fees (no tax.... registration only of a car I had owned a year or two) and then less than a month later trading it in on a brand new Kia Optima. After title work had changed hands and I was able to register my new Kia do you have any idea how much of that $800+ was credited back to me? About $150. That's around $700 for 2 months of use of a car that was several years old! That coupled with the insane registration rate of our new Optima along with the tax amount (paid cash) I was forced to make the decision that we were done buying new or even slightly older vehicles. I got rid of my wife's car (Camry Hybrid) and gave her the Optima and got a Tacoma (most reliable truck/vehicle that met our needs) and unless something unforeseen happens we will make due with these two vehicles for the foreseeable future. Whatever dollars we used to pump into the local economy in the form of car dealership sales, helping others sell their vehicle to buy something they needed or in accessorizing the new vehicles will now be forever lost. I know quite a few people who echo the same sentiment and if you know anyone in car or car accessory sales we're not alone. It's this narrow-minded leadership that is costing our economy in a big way but thanks to pot it's being completely ignored. Yeah pot! lol
The state sends me a new sticker for my DV plate every year. [Beer]
I should have put that plate on the wife's 2014 GTI instead of the suburban, but I get into the state parks with the plate for free so it makes more sense to put it on the suburban.
You would think with all of the surplus revenue that the MJers are donating to the coffers, other taxes would go down, but no... it is much easier to raise taxes than it is to lower them.
I have one of those trailers. A few weeks go I went to register and got hit with a $10 additional fee because the tags were up in February. I didn't need to use it so I didn't renew. I asked the guy at DMV, "So, I need to register this trailer, even if I don't plan on using it, or I get fined?"
Yes. [facepalm]
And let's not forget the $25 per month "personal property tax" they hit you with if you don't register a motorcycle within two months of purchase. (Not sure how much it is for other vehicles.) They tax the %$&@ing thing while it's sitting in your garage going nowhere and putting zero wear and tear on the public roads.[bs]
Y'all think the taxes are high now, just wait until the communists win their lawsuit against TABOR so they can levy or rather extort from taxpayers tax revenue directly from the legislature instead of needing voter approval first.